Northern Trust Corporation NTRS

175.73 1.23 0.70% as of 25 Sep
Market cap
$31.9B
P/E
15.0×
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Northern Trust Corporation (NTRS) Gross margin

Northern Trust Corporation's gross margin over the twelve months to 30 June 2026 was 59.6%, up 3.1 percentage points from fiscal 2025 (56.6%). Over the past ten years it has ranged from 52.2% (fiscal 2024) to 99.6% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Asset Management industry median of 100.0% and below the Financial sector median of 69.9%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 56.6% 4.33
FY2024 52.2% (3.68)
FY2023 55.9% (31.32)
FY2022 87.2% (12.41)
FY2021 99.6% 2.81
FY2020 96.8% 8.74
FY2019 88.1% (1.43)
FY2018 89.5% (4.54)
FY2017 94.1% (2.41)
FY2016 96.5% (0.37)

Quarterly

Period Gross margin Change (points)
Jun 2026 64.1% 5.80
Mar 2026 58.3% (0.58)
Dec 2025 58.8% 2.25
Sep 2025 56.6% 1.10
42 more quarters

Against its own ten years

Low 52.2% High 99.6%
Ten-year median 89.5%
Current reading's percentile 27

Gross margin against peers

Company Gross margin
AMP Ameriprise Financial, Inc. compare 100.0%
BEN Franklin Resources Inc compare 100.0%
RJF Raymond James Financial, Inc. compare 100.0%
TPG TPG Inc. compare 100.0%
ARES Ares Management Corporation compare 100.0%
TROW T. Rowe Price Group, Inc. compare 100.0%
STT State Street Corporation compare 65.5%
NTRS Northern Trust Corporation 59.6%
PFG Principal Financial Group, Inc. compare 47.7%
Asset Management industry median 100.0%
Financial sector median 69.9%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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